Good and Plenty: The Creative Successes of American Arts FundingPrinceton University Press, 2009 M01 10 - 216 pages Americans agree about government arts funding in the way the women in the old joke agree about the food at the wedding: it's terrible--and such small portions! Americans typically either want to abolish the National Endowment for the Arts, or they believe that public arts funding should be dramatically increased because the arts cannot survive in the free market. It would take a lover of the arts who is also a libertarian economist to bridge such a gap. Enter Tyler Cowen. In this book he argues why the U.S. way of funding the arts, while largely indirect, results not in the terrible and the small but in Good and Plenty--and how it could result in even more and better. |
From inside the book
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... brings economics and aesthetics into a symbiotic relationship. That being said, the model is not necessarily preferable for all other countries, especially those that trade with the United States and already reap benefits from the ...
... bringing “sweetness and light” into our lives, make the world a much better place, above and beyond what we have paid for them. This point, however, does not suffice to drive policy. The question is whether more art, at the margin, will ...
... bring social benefits to large numbers of people. Most kinds of economic activity create new jobs, raise the tax ... brings millions of dollars in economic value. But these studies typically treat arts expenditures as creating value out ...
... bring net benefits, these benefits will, to some extent, be reflected in the cost of bidding for those activities. To provide a simple analogy, Silicon Valley is an economic powerhouse. Nonetheless the costs of bidding Silicon Valley ...
... bring large and visible benefits in the form of discrete projects. The beneficiaries notice the difference, as the world receives some artworks that otherwise would not have been produced. These artworks benefit relatively small numbers ...
Contents
1 | |
The Genius of the American System | 31 |
Are They Too Conservative? | 65 |
4 Copyright and the Future of Decentralized Incentives | 101 |
5 Toward a Beautiful and Liberal Future | 133 |
Notes | 153 |
References | 169 |
Index | 189 |
Other editions - View all
Good and Plenty: The Creative Successes of American Arts Funding Tyler Cowen No preview available - 2010 |
Good & Plenty: The Creative Successes of American Arts Funding Tyler Cowen No preview available - 2006 |